HomeGeneral NewsChina’s bar on BHP iron ore cargoes hammers capesize rates

China’s bar on BHP iron ore cargoes hammers capesize rates

October 4, 2025

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Dry-bulk shipping rates have tumbled around 25% this week, with a dispute over BHP Group’s iron ore shipments to China adding strain to a market already suffering a seasonal lull in demand.

Spot rates for Capesize bulk carriers sank 6% on Thursday, extending declines…

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